We did not impose any of these tariffs; they were imposed by the last administration,” President Biden said about U.S. tariffs on China.
Tagged By business
Blinken describes China as a bigger long-term challenge than Russia
US Secretary of State Antony Blinken called Thursday (26 May) for vigorous competition with China to preserve the existing global order but said the United States did not seek a “Cold War.” …
China’s toy export growth hits 5-year high
China, the world’s biggest toy exporter, saw its toy exports grow 37.8% year on year in 2021, hitting a five-year high, industry statistics released showed. This was reported by The Xinhua News Agency …
Private equity, spooked by Ant Group IPO suspension, eyes Chinese ‘hard tech’ sector in paradigm shift
Companies in AI, auto technology, semiconductors, cloud computing, and new energy are set to benefit as strategies align with China’s focus on social stability and national security.
China’s industrial profit growth slows in Jan-April
A worker is busy in a workshop of Harbin Turbine Company Ltd. of Harbin Electric Corporation in Harbin, northeast China’s Heilongjiang Province, May 7, 2022. (Xinhua/Wang Jianwei) BEIJING, May 27 …
China’s industrial profit falls sharply in April amid COVID curbs
Profits at China’s industrial firms fell at their fastest pace in two years in April as high raw material prices and supply chain chaos caused by COVID-19 curbs squeezed margins and disrupted factory …
Investing in Green and Low-Carbon China – New Issue of China Briefing Magazine
Download our latest issue of China Briefing magazine where we demonstrate the opportunities and risks involved in China’s green and low-carbon transition.
China industrial profit rises 3.5% y/y in January-April
Profit at China’s industrial firms rose 3.5% in January-April verses the same period a year earlier, slower than the 8.5% on-year growth logged for January-March, the National Bureau of Statistics …
India wants to be the ‘pharmacy of the world.’ But first, it must wean itself from China
Already the world’s third-largest manufacturer of medicines by volume, India has one of the lowest manufacturing costs globally.
China and Russia veto new UN sanctions on North Korea
China and Russia have vetoed a U.N. resolution sponsored by the United States that would have imposed tough new sanctions on North Korea for its spate of intercontinental ballistic missile launches …
Alibaba full-year profit slumps nearly 60% on tech crackdown, COVID-19
BEIJING: Chinese e-commerce giant Alibaba said on Thursday (May 26) its profit fell 59 per cent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with …
China pig breeders go high-tech in self-sufficiency push
Still, business has suffered amid recent huge losses at pig producers, BGG founder Monita Mo said. China’s hog producers have endured record losses due to surging feed costs and weak demand amid COVID …
China’s LNG imports set for first big decline as demand wanes
SINGAPORE : China’s imports of liquefied natural gas (LNG) are on track to post their first major decline this year, as high prices and weak manufacturing due to COVID-19 lockdowns crimp demand for …
ADVERTISEMENT
